U.S. Southeast Market Region to See Construction Starts of More than $4.6 Billion in First-Quarter 2013

---

Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is currently tracking more than $4.6 billion in capital and maintenance projects that have construction starts slated for January through the end of March at sites in the U.S. Southeast region, which includes Alabama, Florida, Georgia, Mississippi, Tennessee, Puerto Rico and the Virgin Islands. Project values range from $500,000 to $1 billion. There are currently more than 200 active projects scheduled for this quarter, with more than 63% having an investment value between $1 million and $10 million.

In contrast to construction starts for the same period last year, 2013 figures were up from 169 projects and the total investment value is up from $3.4 billion.

Click on the link to view a breakdown of construction starts for first-quarter 2013 by state.

Capital expenditures account for $4.2 billion in project activity, while maintenance expenditures total $387 million from just more than 100 projects.

Grassroot construction activity totals nearly $2.1 billion. Among the 25 grassroot construction projects being tracked, the Food & Beverage and the Alternative Fuels industries has the highest project count, with plans for seven new facilities within each industry. Georgia will see the most ground-up activity, with 12 projects totaling $1.4 billion.

From a geographical perspective, Florida ranks first in the overall number of projects, with 56 that will begin during the quarter. The value of those projects is just more than $900 million. Georgia and Alabama round out the top three states with 50 and 36 projects, respectively, with a combined investment value of $1.9 billion and $255 million.

The Pharmaceutical & Biotech and Power industries led all industries with $1.6 billion and $829 million, respectively. The Alternative Fuels Industry ranked third, with $739 million from 10 projects.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info''''s quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what''''s happening now, while constantly keeping track of future opportunities.